AM RESOURCES Probability of Target Price Finishing Over 0.09

AMR -- Canada Stock  

CAD 0.09  0.025  41.67%

AM RESOURCES probability of target price tool provides mechanism to make assumptions about upside and downside potential of AM RESOURCES CORP performance during a given time horizon utilizing its historical volatility. Please specify AM RESOURCES time horizon, a valid symbol (red box) and a target price (blue box) you would like AM RESOURCES odds to be computed. Check also AM RESOURCES Backtesting, AM RESOURCES Valuation, AM RESOURCES Correlation, AM RESOURCES Hype Analysis, AM RESOURCES Volatility, AM RESOURCES History as well as AM RESOURCES Performance.
Horizon     30 Days    Login   to change
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AM RESOURCES Target Price Odds to finish over 0.09

Current PriceHorizonTarget PriceOdds to move over C$ 0.09  or more in 30 days
 0.09 30 days 0.09 
about 39.87
Based on normal probability distribution, the odds of AM RESOURCES to move over C$ 0.09  or more in 30 days from now is about 39.87 (This AM RESOURCES CORP probability density function shows the probability of AM RESOURCES Stock to fall within a particular range of prices over 30 days) . Probability of AM RESOURCES CORP price to stay between its current price of C$ 0.09  and C$ 0.09  at the end of the 30-day period is about 6.65 .
Assuming 30 trading days horizon, AM RESOURCES CORP has beta of -1.1408 . This suggests Additionally The company has an alpha of 0.9932 implying that it can potentially generate 0.9932% excess return over DOW after adjusting for the inherited market risk (beta).
 AM RESOURCES Price Density 
Alpha over DOW
Beta against DOW=1.14
Overall volatility
Information ratio =0.09

AM RESOURCES Alerts and Suggestions

AM RESOURCES CORP appears to be very risky and stock price may revert if volatility continues
AM RESOURCES CORP has some characteristics of a very speculative penny stock
The company has accumulated 951.23 K in total debt with debt to equity ratio (D/E) of 37.2 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. AM RESOURCES CORP has Current Ratio of 0.44 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported revenue of 1.52 M. Net Loss for the year was (1.47 M) with profit before overhead, payroll, taxes, and interest of 352.13 K.
ATLAS MINERALS IN has accumulated about 141.44 K in cash with (1.44 M) of positive cash flow from operations.
Latest headline from Crystal Lake Mining Announces Results of its Annual General Meeting and Special Meeting Appoints Maurizio Napoli as CEO Brian Moore as CFO - Canada NewsWire

AM RESOURCESPrice Density Drivers

Shares Percent Shares Out0.04%
Float Shares48.96M
Average Daily Volume Last 10 Day55.5k
Shares Short Prior Month30k
Average Daily Volume In Three Month26.14k
Date Short InterestMay 31, 2019